Toyota: hydrogen and hybrid cars will be relevant for another 30 yearsJune 17, 2021
Japan’s largest auto corporation continues to question whether electric vehicles are the only future for transportation. For years Toyota has invested in hydrogen fuel cells and hybrid cars, criticizing battery-powered cars and insisting that this is the only right strategy.
The company’s president, Akio Toyoda, has repeatedly criticized electric vehicles, pointing out that the benefits of electric vehicles are exaggerated, and they are nowhere near as clean as their manufacturers claim. And he argued that “the modern business model of the auto industry will collapse” if governments continue to push for a ban on gasoline cars.
Despite the fact that Toyota is preparing the release of two electric vehicles for the US market, the company continues to focus on hybrid cars. Back in February, along with the announcement of new models, Toyota revealed an internal study that showed that gasoline-electric cars cut emissions as well as electric vehicles, writes Electrek.
The company now claims that non-electric transport options will remain as relevant for at least the next 30 years. Answering an investor’s question, Shigeki Terashi, director of Toyota, said that various types of power plants, including hybrid and hydrogen, will continue to compete with each other until 2050, so Toyota has the most advantageous position.
And again, the company’s management said that battery transport is not at all so environmentally friendly, because the production of batteries can be dirtier than internal combustion engines for the entire cycle of its existence.
The year before last, Toyota’s management said it saw no demand for full-fledged electric vehicles. So the company is developing hybrids, plug-in hybrids and fuel cell vehicles and is in no rush to move to EVs.
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